Executive Director, Third Party Risk Management

Regeneron Pharmaceuticals • Warren, MI

10d

About The Position

We are creating a new Third Party Risk Management function and are looking for an Executive Director Third Party Risk Management to own the enterprise TPRM program , define the enterprise risk management vison and ensure governance and accountability at all levels associated with the company’s external partners, suppliers, and service providers. This role ensures that third-party engagements align with the company’s ethical, regulatory, and operational standards — supporting compliant, resilient, and high-performing external relationships across R&D, manufacturing, and commercial operations. The Executive Director of TPRM will develop and operate a globally consistent, risk-based framework that enables proactive decision-making and regulatory confidence, while maintaining business agility and innovation. This role will be responsible for the TPRM framework, ensuring alignment with policies, systems, technology and regulatory requirements across all business areas. Leading a team of people across geographies the role will be responsible for day-to-day operations as well as the strategic approach to handling Third Party Risk. A Typical day in this role might look like: Set and drive the global TPRM vision, strategy and operating model Lead the global Third-Party Risk Framework, policy, and standards — ensuring consistent application across all regions and supplier types. Establish and chair the Global Supplier Risk Committee to influence executive decision making and integrate risk management into business strategy. Drive a culture of accountability and risk awareness across Procurement and business partners. Lead a team of high performing individuals who drive an enterprise wide culture of alignment with regulatory and industry standards Partner with Quality and Compliance on supplier qualification, audits, and corrective actions. Provide executive oversight and strategic direction for supplier risk lifecycle management: onboarding, due diligence, ongoing monitoring, issue management, and offboarding. Lead and mentor a distributed team of risk professionals across geographies Identify, implement and manage a TPRM technology platform and ensure data accuracy across systems. Define key metrics and dashboards (KRIs/KPIs) to monitor risk posture and report to senior leadership. Regularly benchmark TPRM practices against global best practices and drives continuous maturity of the program. Drive automation, analytics, and predictive insights through technology and external risk intelligence. Develop and deliver global training and awareness programs for risk management in supplier relationships.

Requirements

• The role requires a bachelor's degree in a relevant field of study and experience in Third Party Risk Management, preferably in Pharma/BioPharma industry.
• 17+ years of dynamic experience with a strong background in governance, compliance, procurement, or operations leadership.
• Proven success in leading policy development, risk management, and process optimization, preferably within pharmaceuticals or other highly regulated industries.
• Builds influential relationships with partners and suppliers to get results for Regeneron.
• Demonstrate success in driving transformation and building high-performing teams.
• Individual who is experienced operating with integrity, focus, and clarity in an environment of ambiguity to drive change and improvement.
• Experience leading associate level professionals in a multi-national firm including writing performance reviews, setting annual objectives, mentor, and developing direct reports
• Experience in driving talent development strategies, including functional capability frameworks and strengthening leadership pipeline initiatives to ensure long term organizational effectiveness

Nice To Haves

• Experience with TPRM risk technologies (including risk/compliance monitoring platforms) is preferable.

Responsibilities

• Set and drive the global TPRM vision, strategy and operating model
• Lead the global Third-Party Risk Framework, policy, and standards — ensuring consistent application across all regions and supplier types.
• Establish and chair the Global Supplier Risk Committee to influence executive decision making and integrate risk management into business strategy.
• Drive a culture of accountability and risk awareness across Procurement and business partners.
• Lead a team of high performing individuals who drive an enterprise wide culture of alignment with regulatory and industry standards
• Partner with Quality and Compliance on supplier qualification, audits, and corrective actions.
• Provide executive oversight and strategic direction for supplier risk lifecycle management: onboarding, due diligence, ongoing monitoring, issue management, and offboarding.
• Lead and mentor a distributed team of risk professionals across geographies
• Identify, implement and manage a TPRM technology platform and ensure data accuracy across systems.
• Define key metrics and dashboards (KRIs/KPIs) to monitor risk posture and report to senior leadership.
• Regularly benchmark TPRM practices against global best practices and drives continuous maturity of the program.
• Drive automation, analytics, and predictive insights through technology and external risk intelligence.
• Develop and deliver global training and awareness programs for risk management in supplier relationships.

Benefits

• We have an inclusive culture that provides comprehensive benefits, which vary by location. In the U.S., benefits may include health and wellness programs (including medical, dental, vision, life, and disability insurance), fitness centers, 401(k) company match, family support benefits, equity awards, annual bonuses, paid time off, and paid leaves (e.g., military and parental leave) for eligible employees at all levels!

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees